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Pixiu AI - Support and ResistanceSupport and Resistance prices are the previous points of highs and lows in the price. The market tends to stick around in price regions and directional trends. Using these price points one can wait and take the following decisions: - when the price reaches the support point, they can take a long position if they observe the price staying in the price range and make profits from till it gains back up to the resistance point. (and vice-versa) - when the price breaks the support/resistance (S&R) points and continues in that direction in addition to high volumes supporting it, people can take a bullish trade - when the price breaks the S&R point, traders can wait for the price to return to the S&R point to make a final decision of whether it wants to go up or not. A price tested strategy is considered stronger than just price breaks We at The Pixiu want to help you in your daily trade, and therefore we present you an auto Support and Resistance indicator that also highlights the points of crossovers to the users in the live market. Use this for assistance while trading and share your feedback with us. There are 3 parameters for the indicator: - Short-range S&R - Mid-range S&R - Identify the point of S&R testing (when price crosses over and returns back in the range)
Pine Script® indicator
by ThePixiu
6
Ranged Candle Length - evoSimilar to one of my previous scripts 'Ranged Volume', but instead of using volume, this script uses candle length mirrored. It creates a range using highest and lowest of a given period. When the range gets larger, it means the current candle is bigger than the largest candle of your given period (break-out). Yellow = Bullish break out Red = Bearish break out A good way to use this is to follow the direction of the last break-out candle or open a position with a stop just below or above the candle (that's how I tested it real time). Good luck!
Pine Script® indicator
by EvoCrypto
Renko AccelerationRenko is a very useful charting method for analyzing stock movement. It does a great job of filtering out all the excess noise so that all we're left with is pure price action. But, what about time? Time is a fundamental part of chart analysis and we are only seeing part of the picture. After all, shouldn't we take a very different approach to trading signals from a block that renders in 2 seconds as opposed to a block that renders in 30 minutes? This indicator provides the best of both worlds, enabling us to correlate the passing of time with price movement and clearly see when squeezes and breakouts occur. As the indicator turns up to green we can see that volatility is on the move and the market is accelerating (breakout), and as it turns down to red the market is stagnating (squeeze). There is also an alternate 'Precise' view which renders the exact time per block for more granular analysis.
Pine Script® indicator
by sourcey
6
Breakout Shasthra with buffer and target option by RPThe RP Breakout Shasthra indicator is designed to show custom breakout levels. There are many ORB (Opening range breakout) indicators which either take 9:15 as the default start time and the resolution is also fixed. There are many successful breakouts like 10:15 - 30mins breakout, 12:30 - 1 hour breakouts etc. So this indicator is designed to deliver you custom options to set the beakout time and duration. Also there is an option to plot previous breakout lines to backtest. The options window is simple. In the INPUT Tab Breakout start time - This is set to default sessions. Here you only need to select the start time. Breakout Timeframe - The duration to consider can be set here. Enter Buffer - Set the point above which to take entry. Use Keyboard to enter decimals Enter Target - Set the point for target to take exit. Use Keyboard to enter decimals Example:- If you wanted 11:30 - 15 mins breakout. Change Breakout start time from 9:15 to 11:30 Change Breakout Timeframe from 60 to 15 And hit OK. In the Styles Tab You can customize the color
Pine Script® indicator
by ClikermanRP
5
The Breakout Machine V2 BTCUSDT - Bitcoin BeatsHello, Hello, Hello and welcome back to Bitcoin Beats. As the title suggests, this is Version 2 of The Breakout Machine. Unlike the previous version, this one has been fine-tuned to work best on Binance Futures(BTCUSDT). The stats shown below are from 2020. PLEASE BE CAREFUL WITH YOUR LEVERAGE AND DON'T GET REKT. Trade at your own risk! Good luck! This strategy takes MACD and Volume spikes to calculate pumps and dumps in the bitcoin market. I've also added custom backtesting inputs and leverage for you all to experiment with and see the profitability of the Strategy. Alerts version coming soon... Thank you, And goodbye, from Bitcoin Beats.
Pine Script® strategy
by Hamilton_Gilpin
2
Breakout Shasthra by RPThe RP Breakout Shasthra indicator is designed to show custom breakout levels. There are many ORB (Opening range breakout) indicators which either take 9:15 as the default start time and the resolution is also fixed. There are many successful breakouts like 10:15 - 30mins breakout, 12:30 - 1 hour breakouts etc. So this indicator is designed to deliver you custom options to set the beakout time and duration. Also there is an option to plot previous breakout lines to backtest. The options window is simple. In the INPUT Tab Show Previous breakout - This option plots the High and Low of the required time-frame for all the previous days. this is useful in back testing or finding unsuitable environments to avoid trade. Breakout start time - This is set to default sessions. Here you only need to select the start time. Breakout Timeframe - The duration to consider can be set here. Example:- If you wanted 11:30 - 15 mins breakout. Change Breakout start time from 9:15 to 11:30 Change Breakout Timeframe from 60 to 15 And hit OK. In the Styles Tab You can customize the color / Add labels / Show Shapes (Buy entry / Sell Entry)
Pine Script® indicator
by ClikermanRP
Force IndexWhat is the force index ? The force index is an oscillator used to confirm price breakout strengths and identify potential trends. It was popularized by A. Elder. How the force index is computed ? Knowing that volume is the fuel of a price movement, reliable breakouts and trend continuation are more likely to occur on high volume breakouts. This is why the force index is computed with the intensity of the price movement, and it's volume , using the formula ema13((close(n) - close(n-1)) * volume ) . How to use the force index An important change in the force index indicate a strong momentum in the price action. You can read more about the force index interpretation on Investopedia Customization You can display the indicator as an histogram, or as a line chart. You can change EMA length, although it's recommended to keep it at default value.
Pine Script® indicator
by Brykou
1
[PX] ADX BoxesHello guys, today I would like to share an indicator that I had in my mind for quite some time. I call it ADX Boxes. How does it work? What the indicator does is very simple. Whenever the ADX falls below a certain threshold (which can be managed in the user input settings) a box will appear. The box will continue to grow as long as the ADX stays below the threshold. Once the ADX goes back above the threshold, the box will stop growing and will set its right border. There are two modes, which can be used to determine the upper and lower border of the box. The first one is called "Extremes", which plots the borders the highest high and lowest low for the range below the threshold. The second one is called "Avg. High/Low", which plots the borders at the average high and average low within the range. Furthermore, the indicator contains an option to show the average value of the detected range below the ADX threshold. Just like all my other indicator scripts, this one comes with different styling options for boxes in progress, settled boxes and the average value. Hopefully, some of you find it useful. Make sure you leave a follow and a like :) Happy trading!!
Pine Script® indicator
by paaax
31
Areas of Support/Resistance & BreakoutA pretty little indicator showing pivotal breakouts - that is, locating critical pivot points within price action, connecting the dots and trading the breakouts from this area! ----------- Useful for finding good entry levels, exit levels, areas of strong support/resistance and most importantly - the Breakout! Includes "Bars to the Left" variable so you can shorten or lengthen the indicator as required. Good Luck and Happy Trading!
Pine Script® indicator
by theCrypster
2
BRPRO TrendIndicatorBased on breakouts of the price this indicator also has filter with x bars after RSI overbought/oversell zones from settings. It also has alerts for LONG/SHORT signals with green/red arrows. Fits for any crypto/bonds/gold/forex markets. In script settings you can: 1) Signal lenght, 5 by default. 2) Enable/Disable filter to show signals only after RSI overbought/oversell zones Enabled by defaults and RSI is 63 for upper zone and 33 for lower zone. You can also specify how many bars back before current bar this filter must do. It's 5 by default, you can vary it up to 90. 3) Show/hide breakout zones disabled by default. Plots 2 red and green breakout lines on chart. This is invite only script. PM me if you want to test it.
Pine Script® indicator
by romeotrader
3
Moving High & Low (2 Time Frames)=========== Moving High & Low (2 Time Frames) =========== A simple line set indicator displaying the highs and lows of the previous selected timeframe upon a lower timeframe chart (2 line sets available). e.g. Displaying the Highs & Lows of the last week and/or month on the 1D chart ----------- Useful for 2 very different approaches to trading markets - Finding Breakout Points: For example - When candlestick closes above or below highs from previous week/month it may be a good time to go long as if the trend continues it may well go on for a long time making lots of pips along the way! Finding SAR points within a range: For example - When price starts ranging within horizontal line sets that aren't moving either way too much it may be a good idea to place long/short orders at appropriate key levels dictated by these range extremities, anticipating the price to reach these levels and deflect (Stop & Reverse) back the other way. Either way we would recommend you NOT use this indicator alone, this is very much a confirmation tool or as an aid to find key levels of support/resistance. Good Luck and Happy Trading!
Pine Script® indicator
by theCrypster
[Zekis]Turtle Trading Donchian Price Channels StrategyOne of the most famous strategy in the history of trading, #Turtle strategy have numerous legends, one of them is using Donchian Price Channels with 55 period for entries and 20 period for exits. Can be used with any time frame Added alerts I added re-entries and re-exits for more scalps or for laddering trading. Also you can modify parameters for entries and exits for your market needs. Trade safe! @Zekis
Pine Script® indicator
by edward_Z
13
Fractal Breakout StrategyFractal A type of pattern used in technical analysis to predict a reversal in the current trend. A fractal pattern consists of five bars and is identified when the price meets the following characteristics: 1. A shift from a downtrend to an uptrend occurs when the lowest bar is located in the middle of the pattern and two bars with successively higher lows are positioned around it. 2. A shift from an uptrend to a downtrend occurs when the highest bar is located in the middle of the pattern and two bars with successively lower highs are positioned around it.
Pine Script® strategy
by ceyhun
13
Pascal's 4h Compression BreakoutThis indicator aims to identify areas of price compression, by looking for two consecutive "inside candles" on the 4h chart. An inside candle is simply when the current candle's high is lower than the previous candle's high, and the current candle's low is higher than the previous candle's low. Once price compression is identified, the indicator draws a range based on the highest high and the lowest low of the two inside candles. 1) A break above the range is bullish. 2) A break below the range is bearish. The script ALSO paints candles in blue that are likely to become strong horizontal S/R levels. This is, again, based on a candle pattern. Please note: 1) This indicator is only meant to be used on BITMEX:XBTUSD (on the 4h or 1h chart). 2) You will have to apply some discretion to profitably trade with this indicator. Use SFPs and horizontal S/R levels to judge if a breakout is worth trading. Finally, use the indicator at your own risk. I am not responsible for any losses you may incur. My objective with this indicator g is to hopefully give you something that you can build upon, and NOT a script to blindly copy trade. The concept of market compression is powerful. There are countless ways in which you can build a system around it. This is just the tip of the iceberg. Cheers.
Pine Script® indicator
by odinofcrypto
5